Finding money is not an issue, finding great ideas is, says Qualgro’s Heang Chhor


Chhor outlines why he’s optimistic about SEA startups & his plans for B2B tech companies.

Singapore’s Ascendas Reit acquires Australian property for $25m

The acquisition brings Ascendas Reit’s portfolio to 99 properties in Singapore and 34 properties in Australia.

HDT Singapore Taxi to be Singapore’s 7th taxi operator

The taxi scene in Singapore is about to get busy.
HDT Singapore Taxi has been granted a taxi operator license by transport authorities, making them the seventh taxi operator in the country.

Startup Digest: Rakuten accelerator and Phandeeyar in news; Social Light fundraise

Rakuten Accelerator has onboarded 10 startups while Phandeeyar has completed its Startup Challenge 2018 in Yangon.

Singapore’s Rockworth Capital acquires Brisbane office tower for $44.3m

Rockworth Capital acquired the property from an investment partnership managed by Evolution Private.

Return backer B Capital Group co-leads $30m Series C in Evidation Health

California-based Evidation Health has raised a $30-million Series C co-led by SV Health Investors and B Capital Group.

Singapore’s HR tech startup Pulsifi raises $1.1m from angel investors

Pulsifi provides an HR software platform combining AI and organisational psychology to help hire, retain and develop talent.

SE Asia’s Grab closes $2b funding round, doubles down on Indonesia

Besides Toyota which pumped in $1 billion recently, investors include Oppenheimer Funds and Ping An Capital.

Exclusive: SG’s Monk’s Hill Ventures set to make first close of $120m fund

The second fund is substantially larger than the VC firm’s maiden fund that closed at around $85 million in 2016, exceeding its initial target of $80 million.

SE Asia’s Grab set to announce fresh $1b funding for payments push

The funding will come from parties including U.S. investors and strategic backers